Word: nordics
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...debt given the size of the debts the government had to absorb. Despite the harsh criticism it has endured in the last decade, it was the IMF that stepped in to provide a highly symbolic $2 billion loan to Iceland, which was followed by support from a consortium of Nordic central banks. This has finally eased some pressure on the unfortunate island, but it has left many wondering how this chaos might have been averted. The Icelandic financial services bubble was a ticking time bomb, and the Brown administration in the U.K. behaved amateurishly given the circumstances. but perhaps more...
...also the best time of year to drop by. Not only is winter the cheapest time to get to this expensive Nordic nation, 101, the postal code and nickname of the capital city's oldest neighborhood, is at its best in its darkest and coldest moments, when its back alleys, mom-and-pop fishmongers and bite-size pubs tap into the charisma of one of Europe's most storied neighborhoods. Indeed, 101 has been the muse for a generation of artists that love to hate Iceland's six-month winters - among them director Baltasar Kormákur, whose film...
...Gulf states are not the only nations to benefit from athletes shifting national alliances. Some Nordic states have granted asylum to African runners who later competed for their national teams. The U.S. table-tennis team is stacked with Chinese-born players, while the three American runners competing in the men's 1,500 m are all naturalized citizens, including Bernard Lagat, who won medals for Kenya in two previous Olympics (but failed to make the finals in Beijing...
...right direction.” “I think everyone ended on a positive note, and everyone that’s carrying over to next year is really excited for the coming season,” Alpine captain Alex Teng said. At the close of the season, Nordic head coach Peter Graves had high hopes for next season. “We have done some really serious recruiting for the men and we’re optimistic how that might turn out,” Graves said. “We’ve got three guys for sure...
...also reflect the fragility and communal sense of responsibility fostered by Iceland's isolation. Since the U.S. military pulled out in 2006, Icelanders take the manifestations of their isolation - whether it's a lack of fresh produce or facing the forces of nature without any immediate help - with a Nordic stiff upper lip. As evening approaches in Hveragerdi, a small town built on a geothermal field so active that geysers have been known to spontaneously sprout in people's backyards, two boys bounce a pair of basketballs past the squadron of SAR volunteers. Did they feel the quake? "Yeah!" says...